XRP News Today: XRP Approaching Key $3.30–$3.60 Resistance for Potential Parabolic Surge

XRP is currently testing a critical resistance range between $3.30 and $3.60, a level that has repeatedly hindered its upward progress over the past several months. According to crypto analyst STEPH IS CRYPTO, a decisive breakout above this area could trigger a parabolic price surge. The red zone has historically functioned as a major supply zone, and previous attempts to break through have been met with sharp corrections. The most recent attempt in July 2025 saw XRP briefly surpassing $3.60 before retreating, illustrating the strength of this barrier [1].

Technical indicators are currently aligning to suggest a potential breakout. XRP has been consolidating within a tighter range, with the formation of a higher low, while momentum indicators such as RSI and MACD are trending upward, signaling increasing buying pressure. A double-bottom reversal pattern that emerged earlier in 2025 remains intact, projecting a possible price target of around $4.42 if the red zone is successfully breached. This scenario is supported by Fibonacci extension levels and historical price behavior, reinforcing the potential for a meaningful upward move [1].

If XRP manages to break above the red zone and holds the level as new support, it could enter a parabolic phase characterized by rapid and substantial price appreciation driven by momentum and growing investor FOMO. Analysts suggest short-term price targets could range between $5.00 and $6.50, depending on broader market conditions and investor sentiment. However, it is important to note that these are analyst projections and not confirmed price movements [1].

The potential breakout is occurring against a backdrop of renewed optimism in the XRP ecosystem. Ripple’s partial legal victory against the SEC has contributed to greater clarity, while expectations of future ETF listings and rising institutional interest add to the bullish sentiment. On-chain metrics also show continued accumulation at lower levels, with large whale wallets absorbing supply during dips. Despite these positive indicators, caution is still warranted. A failed breakout attempt could lead to a pullback, potentially bringing XRP down to $2.60 or even $2.40, underscoring the importance of volume and price confirmation in validating the move [1].

According to STEPH IS CRYPTO, XRP is at a crucial turning point. The red zone between $3.30 and $3.60 has long served as a formidable resistance, but its successful breach could be the catalyst for the token’s next significant rally. A strong breakout would represent a major milestone, potentially reshaping the price trajectory of XRP and reinforcing its position within the broader cryptocurrency market [1].

Source: [1] Analyst: XRP Will Go Parabolic Once It Breaks This Red Zone (https://timestabloid.com/analyst-xrp-will-go-parabolic-once-it-breaks-this-red-zone/)